City of Houston Build it Forward Harvey Recovery Situation and Pipeline
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
City of Houston Build it Forward Harvey Recovery Situation and Pipeline Report #31 February 28, 2022 Funds for Harvey Recovery Programs are provided by the City of Houston and the Texas General Land Office through the U.S. Department of Housing and Urban Development’s Community Development Block Grant Program.
Harvey Recovery Situation and Pipeline Report #31 February 2022 Situation Report: February 2022 The City of Houston Homeowner Assistance Program (HoAP) helps homeowners affected by Hurricane Harvey repair and rebuild their damaged homes, or get reimbursed for work already completed. The program prioritizes low-and moderate-income homeowners, while serving Houstonians of all income levels. The Housing and Community Development Department (HCDD) administers the program for the City of Houston, through a sub-grant agreement with the Texas General Land Office (GLO) The program launched in January 2019 with outreach to affected homeowners to encourage them to participate in the program. At the same time, the City was building capacity to repair and reconstruct homes and reimburse homeowners for repair expenses. The first homeowners were served in April 2019, with steady ramp up since then. Single Family Current Status: Submitted Single-Family Files to GLO: 1,259 HoAP Submitted Files: 719 HbAP Submitted Files: 540 GLO Approved Single-Family Files: 1,137 HoAP Approved Files: 678 HbAP Approved Files: 459 Single-Family Households with Assistance in Process: 241 Homeowners in contract closings/permitting/waiting NTPs: 128 Recons Under Construction: 4 Rehabs Under Construction: 0 Approved homebuyers searching for home: 109 Total Single-Family Assisted: 890 Recons Completed: 202 Rehabs Completed: 71 Reimbursement checks sent: 267 HbAP closed: 350 Current Multifamily Status: 32 developments announced for $450 million in funding and nearly $1 billion in development cost 7 developments announced and working through underwriting/legal documents, 16 are under construction, 3 developments are pending closing, and 6 developments have been completed There may be a few changes to the announced 9% Tax Credit developments once the State finalizes its list Public Services Status: 18 different contracts with nonprofits approved by Council for a total of $15.2 million. Overall Funding Status: **Based on Adjusted Budgets 2/26/21 $551 million (66% of total) with identified addresses/developments/nonprofits for funding currently under contract/LOI negotiations, underwriting or otherwise prepping for Council approval. $393 million (46% of total) with Council Approved contract 2
Harvey Recovery Situation and Pipeline Report #31 February 2022 Program Overview Notice to Harvey Homeowner Assistance Program Applicants The City of Houston and the Texas General Land Office (GLO) continue to work together on an agreement to help homeowners who need assistance with repair, reconstruction, and reimbursement for homes damaged by Hurricane Harvey. At this time, the City of Houston will continue assisting homeowners whose repairs and reconstructions were approved by the GLO prior to October 6, 2020. All other repair and reconstruction applications, including those approved after October 6, 2020, will be transferred to the GLO to complete the process. In addition, the GLO has granted the City of Houston limited funding to provide reimbursements for completed and eligible home repairs paid by a homeowner in excess of past aid the homeowner received from sources including insurance, FEMA, nonprofit assistance, and the Small Business Administration. The deadline for new applications has since passed. Those who submitted their applications prior to December 31, 2020 will continue to be assisted by the City of Houston. Any questions for HCDD can be directed to our Call Center at 832-393-0550. The GLO’s Homeowner Assistance Program team can be reached at 346-222-4686 or 1-866-317-1998 (toll-free) or at houston.glo@recovery.texas.gov. More information about the GLO’s program can be found at recovery.texas.gov/hap/houston We appreciate your patience, and we will continue to work hard to ensure a smooth transition of applications to the GLO, so that no one is left behind. Table 1: Homeowner Assistance Program Snapshot Activity As of 3-7-22 Total number of applications 719 submitted to GLO Approved by GLO 678 Recons Completed 202 Rehabs Completed 71 Reimbursement checks sent 267 HoAP Funds obligated HoAP funds obligated (as of $54,197,889.06 02/28/22) 3
Harvey Recovery Situation and Pipeline Report #31 February 2022 Survey and Grant Award Progress 678 applicants have been approved by the GLO. 277 homeowners have received a Notice to Proceed to construction and 267 have received a reimbursement check (some homeowners may receive a reimbursement check while also participating in the city-managed program option). Figure 1: Progress toward Grant Award (3-7-22) * HoAP program is no longer accepting applications. At this time, the City of Houston will continue assisting homeowners whose repairs and reconstructions were approved by the GLO prior to October 6, 2020 Invited to Apply: This category represents the Reimbursements Issued: For homeowners Notices to Proceed w/ Construction: This most vulnerable residents and highest priorities who are reimbursement only, this is the final category includes all homes that need repair or from the survey respondents who have been step in the process. Some homeowners receive full reconstruction. The notice to proceed is to invited to submit a complete application. The both a reimbursement and additional repair, so the builder, and involves the homeowner deadline for new applications has passed. Those they receive the reimbursement check moving out of their home, the utilities being who submitted their applications prior to immediately after the GLO issues the approval, shut off, demolition if the home is to be December 31, 2020 will continue to be assisted and the home moves forward into construction reconstructed, and the full construction by the City of Houston. for the remaining repairs. process. Intake Complete: This category represents the Rehabilitations Complete: This category Approved by the GLO: This category includes number of files that the City has received from includes all homes that are through the repair the number of homes out of the 719 submitted the intake contractor, which are ready for only or reimbursement and repair process, with to the GLO that have received GLO approval. review and eligibility determination. The the homeowner having received the keys back The next step for all homeowners is to sign the difference between this category and the next to their home. required contracts, regardless of whether they category are the files that are waiting additional are receiving repair, reconstruction or reimbursement. GLO-required documents from the applicant in order to complete the file. This number has dropped from last month due to files sent back to the intake contractor for further processing. Eligibility Review Complete: This category Reconstruction Complete: This category represents the number of files that have been includes all homes that have been fully determined to be eligible per City, GLO and reconstructed with the homeowner having HUD standards. These files are now moving received the keys back to their new home. through inspections, environmental review and completion of the final scope of work with the builder and homeowner. 4
Harvey Recovery Situation and Pipeline Report #31 February 2022 Snapshot: Harvey Homebuyer Assistance Program For many Houstonians, owning a home is a dream – one that is often out of reach. Incomes in Houston have not risen as quickly as home prices, which means fewer people can afford to buy homes. In the wake of Hurricane Harvey, many families had to delay their plans to find a home or start all over. Life plans shouldn’t be put on hold because of the weather. Harvey Homebuyer Assistance Program provides up to $30,000 in assistance to families who were in Houston at the time of Hurricane Harvey, who are either buying a first home or replacing a Harvey-damaged home. As of January, 459 applicants have been approved by the GLO for eligibility. 350 applicants have closed on their new homes. Additional qualifications apply. Program subject to change and/or cancellation without notice. Learn more at - https://recovery.houstontx.gov/hbap/ 5
Harvey Recovery Situation and Pipeline Report #31 February 2022 Snapshot: Multifamily Development The first of three rounds of funding for multifamily development opened in February 2019 and closed April 12, 2019. Fifty-six applications were reviewed and 14 were selected for funding. The selected developments will create 1,557 apartments in Houston, the majority of which will be rented at guaranteed-affordable rates to qualified renters. Figure 2: Award summary: Round 1, Harvey Multifamily Program CDBG-DR Requested Total Development Costs $70 $60 Millions $50 $40 $30 $20 $10 $- Total Units LMI Units 250 200 150 100 50 0 6
Harvey Recovery Situation and Pipeline Report #31 February 2022 $100 million expansion of Harvey Multifamily Program will provide additional affordable homes to essential workers, seniors, and vulnerable Houstonians. The Harvey Multifamily Program issued two calls for proposals, in early 2019 and early 2020. Through these two funding rounds, a total of 36 developments will be supported for funding. By combining program funding with other sources, including 4% and 9% tax credits and private financing, the awards represent over $1 billion in development. They include communities for seniors, supportive housing options for those experiencing housing insecurity, and workforce homes for individuals and families. The currently proposed Round 2 of the program will create 2,666 apartments. Combined with Round 1, the Harvey Multifamily Program is expected to bring 5,223 new, resilient apartments to Houston, 4,692 of which will be held at affordable prices to provide greater choice and quality of homes to low- and moderate-income Houstonians. Figure 3: Award summary: Round 2, Harvey Multifamily Program CDBG-DR Requested Total Development Costs $90 $80 Millions $70 $60 $50 $40 $30 $20 $10 $- Amount provided is based on the application and is subject to revision during HCDD underwriting. Funds for Harvey Recovery Programs are provided by the City of Houston and the Texas General Land Office through the U.S. Department of Housing and Urban Development’s Community Development Block Grant Program. For more information visit https://recovery.houstontx.gov/multifamily-program/ Press release - June 29, 2021 - Harvey Multifamily Program is announcing that up to $28 Million will be available for the currently issued Notice of Funding Availability (NOFA) 7
Harvey Recovery Situation and Pipeline Report #31 February 2022 The Harvey Recovery Small Rental Program Awards $20M to Nonprofit Housing Developers to Create Up to 14 Affordable Apartment Communities The City of Houston Housing and Community Development Department (HCDD) will select up to 14 developments to receive funding as Round 1 of the Harvey Recovery Small Rental Program. This program creates and rehabilitates small (2-7 unit) rental communities and helps build capacity and experience for local nonprofit developers to help build Houston’s overall ability to provide quality, affordable homes for community members. Funding for the Harvey Recovery Small Rental Program is provided by the U.S. Department of Housing and Urban Development (HUD) as part of disaster relief efforts to rebuild after Hurricane Harvey. This funding will provide $20,470,326 to create 86 new homes for Houston renters. Proposals were scored based on including organizational capacity, cost efficiency, location, community factors, and how well the development will serve existing City of Houston priorities. Successful developments also provide services for special needs populations, access to local transit and high-ranked schools, and help develop priority areas such as the Mayor’s Complete Communities. The list of awarded developments can be viewed in full below. The five newly announced projects utilize 4% housing tax credits from the Texas Department of Housing and Community Affairs (TDHCA) along with other funding sources. These developments will contain resilient building features and contribute to an equitable recovery process that will provide affordable, quality homes for up to 40 years. More details on each of these proposals can be viewed in the table below. Figure 4: Award summary: Harvey Small Rental Program Amounts reflect the original application amount and are subject to revision during HCDD underwriting. Allocations may vary at the time of presentation to City Council. Information about this round of funding rounds of funding can be found at recovery.houstontx.gov 8
Harvey Recovery Situation and Pipeline Report #31 February 2022 This report is produced by the Housing and Community Development Department and will be updated monthly throughout the life of the Homeowner Assistance Program. 9
You can also read